Thad Beshears - Mar 8, 2024 Form 4 Insider Report for Trulieve Cannabis Corp. (TRUL)

Role
Director
Signature
/s/ Eric Powers, as Attorney-in-Fact
Stock symbol
TRUL
Transactions as of
Mar 8, 2024
Transactions value $
$0
Form type
4
Date filed
3/12/2024, 09:52 PM
Previous filing
Jul 27, 2023
Next filing
Nov 19, 2024
This filing has been restated, see here for the amended filing

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRUL Subordinate Voting Shares Award $0 +7.5K +0.31% $0.00 2.44M Mar 8, 2024 Direct F1, F2
transaction TRUL Subordinate Voting Shares Conversion of derivative security $0 +3M +123.08% $0.00 5.44M Mar 11, 2024 Direct
transaction TRUL Subordinate Voting Shares Gift $0 -3M -55.17% $0.00 2.44M Mar 11, 2024 Direct
transaction TRUL Subordinate Voting Shares Gift $0 +3M $0.00 3M Mar 11, 2024 By Trust F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TRUL Stock Option (Right to Buy) Award $0 +13.6K $0.00 13.6K Mar 8, 2024 Subordinate Voting Shares 13.6K $10.00 Direct F4
transaction TRUL Multiple Voting Shares Conversion of derivative security $0 -30K -66.67% $0.00 15K Mar 11, 2024 Subordinate Voting Shares 3M $0.00 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one Trulieve Cannabis Corp. subordinate voting share. The RSUs will vest on April 7, 2024.
F2 The number of shares beneficially owned is being corrected because of an inadvertent clerical error to include the 02/24/2022 restricted stock grant of 3,492 subordinate voting shares.
F3 Shares are held by the HWB 2023 Trust, for the benefit of Thad Beshears.
F4 The options are fully vested.
F5 These shares were originally reported on 02/04/2021 as Super Voting Shares. All Super Voting Shares converted on a one for one basis into Multiple Voting Shares on March 21, 2021.
F6 Super Voting Shares are convertible into Multiple Voting Shares on a one-for-one basis and Multiple Voting Shares are convertible into Subordinate Voting Shares on a one-for-100 basis. Multiple Voting Shares are convertible at any time and have no expiration date.